Brief by Shorts91 Newsdesk / 06:09am on 03 Dec 2025,Wednesday Business
The rupee fell below the 90-per-dollar mark for the first time on Wednesday, hitting 90.11 in early trade. The drop shocked traders as the currency faced strong global and domestic pressure. Foreign investors have been pulling money out of India, and the strong US dollar has added more strain. Delays in the India–US trade deal and record-high commodity prices have also hurt sentiment. Experts say muted RBI intervention led to a faster fall. Markets now wait for the RBI policy update on Friday. Analysts warn the rupee may stay volatile and could fall further if global cues remain weak. (PC: India Today)
